The Affidavit of Gross Sales is a crucial document in UAE business operations, particularly in scenarios where accurate reporting of revenue is contractually or legally required. This sworn statement, governed by UAE Federal Law and local emirate regulations, is commonly used in commercial lease agreements where percentage rent is applicable, franchise agreements requiring royalty calculations, or other business arrangements where revenue verification is necessary. The affidavit must include detailed sales figures for a specified period, typically monthly or quarterly, and requires formal notarization to be legally valid in the UAE. It serves as an official record that can be relied upon by landlords, franchisors, regulatory authorities, and other stakeholders to verify reported sales figures and calculate revenue-based obligations.
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1. Identification of Declarant: Full legal name, position, and company details of the person making the affidavit
2. Legal Authority: Statement of the declarant's authority to make declarations on behalf of the business
3. Purpose of Affidavit: Clear statement of the purpose and intended use of the affidavit
4. Time Period: Specific period for which the gross sales are being reported
5. Sales Declaration: Detailed statement of total gross sales for the specified period
6. Verification Statement: Formal declaration of the truth and accuracy of the information provided
7. Notarization Block: Space for notary's official seal and signature
1. Sales Breakdown by Category: Detailed breakdown of sales by product or service category, used when required by specific agreements or authorities
2. VAT Declaration: Specific section about VAT collected and reported, required for VAT-registered businesses
3. Multiple Location Statement: Breakdown of sales by location, required when the business operates in multiple emirates or locations
4. Currency Declaration: Statement about currency conversion rates used, required when sales are conducted in multiple currencies
5. Exclusions Statement: Declaration of any excluded sales or transactions, used when certain sales categories are exempt from reporting
1. Schedule A - Sales Summary: Detailed monthly or quarterly breakdown of gross sales figures
2. Schedule B - Supporting Documentation: List of referenced documents used to compile the sales figures
3. Appendix 1 - Sales Calculation Methodology: Explanation of how gross sales figures were calculated and what was included/excluded
4. Appendix 2 - Certificate of Authority: Copy of document establishing declarant's authority to make the affidavit
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